Trying to find the cheapest car insurance rates for your Volvo XC70? Are you tired of sacrificing to keep your car insured? Your situation is no different than millions of other people. People have so many car insurance companies to pick from, and though it is a good thing to have multiple companies, having more auto insurance companies makes it harder to compare rates and cut insurance costs.
It’s a great practice to get comparison quotes at least once a year due to the fact that insurance prices are usually higher with each renewal. Even if you got the lowest price on XC70 insurance last year you can probably find a better rate now. Forget all the misinformation about car insurance because you’re about to learn the tricks you need to know to reduce your cost while improving coverage.
Lowering your 2015 Volvo XC70 insurance rates is surprisingly easy. Drivers just need to take a couple of minutes to compare free insurance quotes to see which company has cheaper insurance quotes. This can easily be done by using one of the methods below.
For a list of links to companies insuring cars in your area, click here.
Whichever way you use, do your best to use exactly the same coverages and limits on every quote. If you have higher or lower deductibles you can’t possibly truly determine the lowest rate.
When it comes to buying proper insurance coverage, there really is not a single plan that fits everyone. Each situation is unique so your insurance needs to address that. For instance, these questions might help in determining if you could use an agent’s help.
If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.
Learning about specific coverages of your policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are the usual coverages available from insurance companies.
Collision – This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like sustaining damage from a pot hole, rolling your car, hitting a mailbox and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.
Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like chiropractic care, pain medications, doctor visits, nursing services and EMT expenses. They can be utilized in addition to your health insurance program or if you lack health insurance entirely. It covers you and your occupants as well as getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage
Liability coverage – Liability coverage can cover damage or injury you incur to people or other property. It protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.
Liability insurance covers claims such as emergency aid, pain and suffering, legal defense fees, repair costs for stationary objects and medical services. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.
Comprehensive coverage (or Other than Collision) – This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims like a tree branch falling on your vehicle, hitting a bird, vandalism, hail damage and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and damage to your Volvo XC70.
Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.